OneBeacon Insurance Group, Ltd. (the Company or the Registrant), an exempted
Bermuda limited liability company, through its subsidiaries (collectively,
OneBeacon, we, us, or our) is a specialty property and casualty insurance
provider that offers a wide range of insurance products in the U.S. primarily
through independent agencies, regional and national brokers, wholesalers and
managing general agencies. As a specialty underwriter, we believe that we will
generate superior returns compared to an underwriter that takes a more
"generalist" underwriting approach, and that our knowledge about specialized
insurance products, targeted industries, classes of business, risk
characteristics and limited number of specialized competitors provides us with a
competitive edge when determining terms and conditions on individual accounts.
Historically, we offered a range of specialty, commercial and personal products
and services.